Please give your opinion

TranceEmbolismTranceEmbolism Member Posts: 7
edited March 2019 in BMW
This is for X3 Demo model (has 2K miles) 2019. Ohio. MSRP 47685. Selling price 44,955. Govt fee 93. Proc/Doc Fee 549. Acq fee 925. Residual value 26,500. 15K/year lease x 3 years. $655/month. Buy rate is 0.00177. Lease credit is $500. Loyalty is 1250. Residual is 56%. What do you think about this. Sorry I am new to leasing.
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  • MichaellMichaell ColoradoModerator Posts: 182,063
    edited March 2019

    This is for X3 Demo model (has 2K miles) 2019. Ohio. MSRP 47685. Selling price 44,955. Govt fee 93. Proc/Doc Fee 549. Acq fee 925. Residual value 26,500. 15K/year lease x 3 years. $655/month. Buy rate is 0.00177. Lease credit is $500. Loyalty is 1250. Residual is 56%. What do you think about this. Sorry I am new to leasing.

    Is this a 2018 or 2019 model year?

    Sorry, I see now it is for a 2019

    .00177 is the correct base MF, and the residual is 56%
    $500 lease credit, which I suspect is part of the discount from sticker.

    Where is the sales tax?

    You may be able to do better with the selling price, but check here to be sure:
    https://www.edmunds.com/tmv.html

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • TranceEmbolismTranceEmbolism Member Posts: 7
    Thanks Michaell. The Capitalized Taxes is listed as $1083
  • TranceEmbolismTranceEmbolism Member Posts: 7
    Edmunds.com tmv =45,300
  • MichaellMichaell ColoradoModerator Posts: 182,063

    Thanks Michaell. The Capitalized Taxes is listed as $1083

    Do you have a deal sheet you can share with us as an image or attachment?

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • TranceEmbolismTranceEmbolism Member Posts: 7
    edited March 2019
    Sending deal sheet as PM
  • TranceEmbolismTranceEmbolism Member Posts: 7
    I’m trading a minivan ($9500). Thanks
  • kyfdxkyfdx Moderator Posts: 187,267

    Edmunds.com tmv =45,300

    That looks like an average price for a brand new until. I think you have a $2000-$3000 more to work with, especially considering the $550 doc fee.

    If not, pick a new one.

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MichaellMichaell ColoradoModerator Posts: 182,063

    Sending deal sheet as PM

    Can you post it here, after blacking out any personal information?

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • TranceEmbolismTranceEmbolism Member Posts: 7

  • TranceEmbolismTranceEmbolism Member Posts: 7
    For Demo with 2.5K miles on board. Let me know where I should negotiate and how much to. This is the first time I am leasing a car. Would I better off buying this vehicle instead? Im new to either leasing or buying and appreciate your advice
  • kyfdxkyfdx Moderator Posts: 187,267

    For Demo with 2.5K miles on board. Let me know where I should negotiate and how much to. This is the first time I am leasing a car. Would I better off buying this vehicle instead? Im new to either leasing or buying and appreciate your advice

    Answered that question, here:
    https://forums.edmunds.com/discussion/comment/5666754/#Comment_5666754

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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